DNI Metals Inc DMNKF

RE:RE:RE:Great economics and 10 years of commercial production!

[Austrian007]

Btw, this report even more begs the question of why so much dilution at this price...

If the env license is just around the corner as we have been told, why not just a bare minimum of 200K CAD now or perhaps even just 100K just to keep going till we get the licences and then raise even 2M at a hopefully much much higher share price. 

This 20M share dilution planned to raise 1M raises lots of questions.... sure I understand that payment to Cougar is due.... but thats only 250K ... but even importantly why not default for now...? Whats the big issue... ask for another 3 months to make the payment... hopefully we get the licenses within a month or two... then raise whatever we want for cougar + pilot plant + whatever overheads...

To me the only rationale seems to be that we are not sure of getting the license even in 6 months... what am I reading wrong? CM28 your thoughts please

Cheers,

Austrian007 wrote:

5% GC is a very good number and the 65% is a superb number as well....

Both these will ensure very good margins for DNI... now if only we can get the env licences soon. Hopefully things will fall in place by end of May. Lets see.  

Cheers,

 

Floridas2000 wrote: Thanks for putting the numbers together.  Bass Metals is a good company to compare too even though I think they're also undervalued.  To survive in the current graphite market it's better to be specialized than big.

Let's see if the market realizes these numbers.  Not sure abot $2 but this is more than enough to make a move up.